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Fisker has potential buyers in line

VL Automotive and Chinese Investment Group Wanxiang are looking to buy troubled automotive manufacturer Fisker. Maker of the curvaceous Karma, Fisker has been cash-strapped for some time now due to what company insiders called an overly optimistic business plan that anticipated rapid sales growth. Tesla's success in the luxury/upscale electric vehicle industry hasn't helped Fisker's cause either.

GM recalls 1.5 million vehicles for oil leak

General Motors is recalling nearly 1.5 million Buick, Chevrolet, Oldsmobile and Pontiac mid-sized cars equipped with a 3.8-liter engine because an oil leak could start an engine fire. Under hard braking, engine oil could leak past a heat shield and drip on the exhaust manifold. The National Highway Traffic Safety Administration says that could start a small fire that could spread to a plastic spark plug wire guide and beyond.

Saab 9-4X (2008) at Detroit

By Ben Oliver First Official Pictures 14 January 2008 16:51 Saab pulled the covers off its new 9-4X small SUV, which goes on sale early in 2009 to rival the BMW X3 and new Mercedes-Benz GLK. Although officially dubbed the 9-4X Biopower Concept, GM Europe’s advanced design chief Anthony Lo promised CAR Online: 'We’re not teasing you. This is pretty much the car you’re going to get.' Controversially, the new Saab won’t be built in Sweden, but in Mexico, where it will share a factory with the still-secret Cadillac BRX which it will closely resemble.